I see what they are doing there. They are trying to push Dow Jones Industrial Average below 10,000. Win of Scott Brown? Did not help. Nice state of the Union Address by Obama? Nada. Reconfirmation of Bernanke? Did not move the market at all. Market just ignored it. Everyone is talking about Greece debt problems. Now it is getting ridiculous. They are desperate for bad news to push Dow below 10,000. And we are just in the end of January. And we have very bearish months February and March ahead of us.
And all those clowns in Davos talking how the economy went wrong because of somebody else’s faults. They don’t help either.